CEO Profile

By Inc Staff |  May 23, 2006

Inc. Newsletter

Age:

  • 44 years - Average age of Inner City 100 CEO
  • 33 years - Average age at founding

 

Ethnicity:

  • 67% - White
  • 32% - Minority

 

Minority Representation:

  • 14% - Black
  • 13% - Latino
  • 2% - Asian
  • 2% - Native American
  • 1% - Mixed
  • 1% - Other

 

Sex:

  • 80% - Male
  • 20% - Female

 

Immigration:

  • 14% of the Inner City 100 companies are run by immigrants
  • 26% of CEOs are children of immigrants

 

Inner City Living:

  • 31% of CEOs currently live in the inner city
  • 75% have lived in an inner city

 

Education and Youth Entrepreneurship:
82% of executives had at least a 4-year college education, with 34% holding an MBA, Doctorate or Master’s equivalent.

Education Level (Highest level completed):

  • 7% - High school
  • 7% - Two year college
  • 48% - Four year college
  • 17% - MBA
  • 13% - Other Master’s
  • 4% - Doctorate

 

77% of CEOs report engaging in entrepreneurial activities when they were young.

Compensation:

  • $304,268 - average salary of CEOs (median = $200,000)
  • $73,384 - average value of non-cash compensation (median = $20,000)

 

Company Ownership:
On average, the CEO owned 60% of their company, while board members typically held 15%. Outside investors (12%), family of the CEO (8.5%), top managers (4%) and employees (1%) held the remainder.

More Inner City 100 Numbers: